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Insurance Verification
The revenue cycle should begin prior to the patient’s arrival. As soon as the appointment is made, the patient’s insurance information needs to be verified. Because insurance information can change at anytime, even for regular patients, it is important that the provider verify the member’s eligibility each and every time services are provided. There are many benefits to obtaining insurance verification prior to the patient's arrival.
Insurance Verification: Avoiding Denied Claims
Insurance verification is the first and most important component to the revenue cycle. This article explains the importance of having an insurance verification process in place.
Get Authorization, Get Paid
Denied claims due to unauthorized patient procedures or services can be a major loss in revenue that should not be taken lightly. Although most medical offices are moving closer to 100% verification for patient services, there is still no guarantee that every account will make it through the insurance company claims department stamped paid.
